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Paul Berliner

Biography

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Paul S. Berliner was simultaneously charged/settled with by the U.S. Securities and Exchange Commission for allegedly spreading a rumor designed to lower the stock price of Alliance Data Systems Berliner allegedly had sold short borrowed stock of Alliance Data Systems, hoping to profit by repurchasing the stock when the price fell. He settled the charges without admitting or denying any wrongdoing by disgorging profits, paying a fine, and agreeing to a permanent bar from associating with any broker or dealer.
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